After months of negotiations the government of Nicolas Maduroin its attempt to end confrontations with the US, offered a dominant share of oil and other Venezuelan fossils in its government. Donald Trumpwhich is what America allegedly rejected.
According to the NYT newspaper, the long range offered on the negotiating table, as Donald Trump’s government described President Nicolas Maduro’s regime as “Cartel of Democracy”. One move after the US rallied warships in the Caribbean and began blasting Caracas ships, as US officials reported drugs from Venezuela.
For several months, Nicolas Maduro government officials negotiated with US officials on Venezuelan’s natural resources and suggested that some agreements with Iran and Russia be terminated in an attempt to avoid strengthening the US.
The Venezuelan regime was also ready to offer privileged contracts to US companies, redirect Venezuela oil exports to China to the US and reduce energy and mineral agreements with companies from Iran, China and Russia.
However, the Trump government ended up rejecting Maduro’s financial concessions and completely interrupting diplomatic relations with Venezuela on October 6. This move has essentially canceled the deal, at least for the time being, according to NYTs.
Although the US has targeted the so -called “drug ships”, the interruption of diplomatic relations, military reinforcement near Venezuela, and the increasingly strong threats against Maduro by Trump government officials have led many to both countries to believe that the Truth of the Government.
Marco Rubio, Minister of Foreign Affairs and US National Security Advisor, has led the government’s effort to overthrow Mr Maduro. He has described Maduro as an illegal leader who “escapes US justice” and has expressed skepticism about the diplomatic approach followed by US special envoy Richard Grenell.
In public, the Venezuelan government responded to Mr Trump’s military escalation with contempt and promises to defend what he calls a socialist revolution, which began in the 1990s by Maduro’s predecessor and mentor, Hugo Chavez. At the same time, the Venezuelan president said he remains open to negotiations and his government continues to receive expulsion flights from the United States.
However, senior Venezuelan officials, with Maduro’s blessing, have offered Washington extensive concessions that will essentially eliminate the remnants of “nationalism at the core of the Chavez movement”.
While Grenell and Venezuelan officials made progress on financial issues, they failed to agree on Maduro’s political future, according to people close to the negotiations. Venezuelan Foreign Minister Ivan Gil said in an interview last month that Maduro would not negotiate his retirement.
The role of Matsado
Discussions between US special envoy, Richard Grenell and senior Venezuelan officials, focused on financial concessions, but no consent to Maduro’s political future. The country’s Foreign Minister, Ivan Hill, had stated that “the president will not negotiate his departure”.
At the same time, Maria Korina Matsado, a leader of the Venezuelian opposition, who won the Nobel Peace Prize earlier today (10.10.2025), presented in Washington her own plan, which provided for $ 1.7 trillion investments. dollars in 15 years, as long as the country moves to a democratic transition.
As her financial adviser, Sari Levi, said, “what Maduro offers is not stability, but a control maintained through fear.”
The situation in Venezuela and international oil relations
Today, Venezuela produces about 1,000,000 barrels of oil a day – a number significantly reduced compared to the three million produced in the time of Hugo Chavez. Most of the exports are directed to China, with the exception of about 100,000 barrels per day, which Chevron moves to the United States.
The state -owned oil company PDVSA has given Chevron to complete their joint projects and is in negotiations to give it access to a new mining field. At the same time, Caracas tries to reconnect with Conocophillips, who had left the country in 2007. This year contacts were made for possible cooperation.
Diplomatic movements and backstage agreements
Last May, negotiations between the US and Venezuela showed a critical point. Richard Grenell allegedly mediated the return of a young child to Venezuela, who had stayed in the US after his parents’ expulsion. In return, the Maduro government liberated an American Air Force veteran.
Although there were signs of progress, Marco Rubio strongly expressed his objections to the talks, arguing that the removal of Maduro was also essential for the fall of the communist regime in Cuba.
Despite the reactions, in July, Chevron was licensed by the US Treasury to continue operating in Venezuela. A new license followed for Shell, which allows her to launch a gas production in the large Dragon maritime deposit until 2026, in collaboration with Trinidad and Tobago.
Maduro is said to have accepted a term of the deal with Shell: the company will not pay revenue to the government, but will invest in social programs in Venezuela. With this move, it is trying to show that the country is still “open to international markets”.